Loan & DebtJul 23, 2026, 08:47 AM
Truist Issues $1.25B Fixed-to-Floating Rate Notes Due 2030
AI Summary
Truist Financial Corporation announced the issuance and sale of $1.25 billion aggregate principal amount of its 4.957% Fixed-to-Floating Rate Medium-Term Notes, Series I (Senior), due July 23, 2030. The notes were registered under the Securities Act of 1933. A legal opinion from Mayer Brown LLP regarding the validity of the notes was filed with the report.
Key Highlights
- Truist issued $1.25 billion in aggregate principal amount of notes.
- The notes are 4.957% Fixed-to-Floating Rate Medium-Term Notes, Series I (Senior).
- The notes are due on July 23, 2030.
- The issuance was registered under the Securities Act of 1933 via Form S-3.
- Mayer Brown LLP provided the legal opinion for the notes' validity.
Price Impact
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